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The meme coin reckoning has come

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As SHIB burn rate plunges; whales spot promise in LTC, ADA & QUBE

By:
on Sep 25, 2023
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  • InQubeta surge with over 3.2 million raised.
  • Shiba Inu burn creates uncertainty as burn rates decline.
  • Litecoin becoming whale’s new favourite by providing fast, secure and low payments.

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The crypto market is a whirlwind of activity and developments. Notable news to have captured attention include a substantial decline in Shiba Inu’s (SHIB) burn rate, prompting investors to explore alternative investments with promising potential. Additionally, Litecoin (LTC), Cardano (ADA), and InQubeta (QUBE) have captured the hearts and wallets of whales.

This article will delve into the implications of the decline of Shiba Inu’s burn rate. Further, it will explore the appeal of Litecoin, Cardano, and InQubeta, including what makes them altcoins to watch.

InQubeta (QUBE): Primed for a strong surge

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InQubeta (QUBE) has risen as one of the top presale altcoins to buy in the crypto market. This is due to its innovative concept, which aims to disrupt the AI sector, and its robust ecosystem. Hence, it has caught the attention of retail investors as well as whales thanks to its promising potential. Additionally, the growing interest in InQubeta has contributed to its presale success, with over $3.2 million raised at the time of writing.

Its unique offerings revolve around reshaping the fundraising landscape of the AI market and democratizing access to it. To achieve this, it aims to leverage blockchain technology and a fractional investment model. 

At the heart of the ecosystem will be a custom-built NFT marketplace and the $QUBE token, which will be used for all activities. AI-based startups will be able to raise funds by minting investment opportunities, represented by NFTs. These investment-backed NFTs will be fractionalized, thereby democratizing access to the AI market and allowing investors to hold stakes in profitable AI ventures.

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It presents an exciting opportunity to become an early investor, the presale is currently at stage 4, priced at $0.0133 per token. 

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Shiba Inu (SHIB): Decline in burn rate

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Shiba Inu (SHIB), although meme-inspired, is one of the top crypto coins in the market. It is the second-mst popular token in the meme ecosystem and a top-20 cryptocurrency in the broader market. With the launch of Shibarium, a layer 2 blockchain, Shiba Inu has positioned itself for continuous demand.

One of SHIB’s appeals is its burn rate mechanism. This is done by burning portions of the Shiba Inu supply, which creates a deflationary effect and has the potential to impact its price in the future. However, recently, the burn rate experienced a substantial decline. This has created uncertainty and concern, with some investors opting for alternative investments with bullish promise over Shiba Inu.

Litecoin (LTC): A whale’s favourite

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Amidst the uncertainty in Shiba Inu, Litecoin (LTC) has risen as a whale favourite. By leveraging blockchain technology, it provides fast, secure, and low-cost payments. Notably, Litecoin was created based on the Bitcoin protocol, although it differs in some key areas.

As a popular go-to for microtransactions and point-of-sale payments, Litecoin has gained incredible traction in the crypto market. Further, its scalability, speed, and growing adoption contribute to its growing interest among whales. Hence, Litecoin is one of the best cryptos to invest in now for substantial returns.

Cardano (ADA): Gearing up for a rally

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Cardano (ADA) is a proof-of-stake (PoS) blockchain platform. Its vision revolves around bringing about positive global change and creating a society that is more secure, transparent, and fair. At the heart of the Cardano ecosystem is the ADA token. Its utility borders on governance, allowing holders to participate in the network’s operation.

Its unique approach to blockchain technology makes Cardano one of the key players in the blockchain ecosystem. Further, its performance in the market and bullish momentum have caught the attention of retailers and whales. With this signaling a strong rally, Cardano has positioned itself as a crypto to buy.

Conclusion

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As Shiba Inu burn rate declines, some investors are pursuing more viable investments. Meanwhile, Litecoin, Cardano, and InQubeta have emerged as noteworthy contenders, capturing the attention of whales. Their unique value propositions make them promising investments and the top altcoins to invest in for substantial returns.

To participate in the $QUBE presale, simply visit InQubeta presale or join the InQubeta communities for all updates.

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